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Central Bank

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Top Central Bank Articles see all

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  • Inflation jumps 0.4% as costs rise for food, energy, other items

    Inflation jumps 0.4% as costs rise for food, energy, other items
    Inflation unexpectedly jumped last month as higher prices for food, energy and other items pushed the annual rate above the Federal Reserve's preferred 2% target, the Commerce Department said Tuesday.
  • Yellen says economy must improve more before Fed raises interest rates

    Yellen says economy must improve more before Fed raises interest rates
    Warning of past "false dawns" in the economic recovery, Federal Reserve Chairwoman Janet L. Yellen said Tuesday that central bank policymakers need to be cautious about raising rock-bottom interest rates. Recent data indicate the economy has rebounded...

    Senate confirms Brainard, Powell for Fed seats, Fischer as vice chair

    Senate confirms Brainard, Powell for Fed seats, Fischer as vice chair
    The Senate on Thursday confirmed Lael Brainard and Jerome H. Powell to serve on the Federal Reserve's board of governors, bringing it closer to full strength as the central bank pulls back on its extraordinary stimulus policies. Senators also approved...

    Fed stays course on policy but acknowledges rising inflation

    Fed stays course on policy but acknowledges rising inflation
    Despite the economic rebound and sharp drop in the unemployment rate recently, Federal Reserve officials still see considerable weakness in the labor market and remain very cautious about moving away from their easy-money policy. The Fed, in a statement...

    U.S. economy grows at 4% annual rate in second quarter

    U.S. economy grows at 4% annual rate in second quarter
    The economy's strong second-quarter growth showed the recovery has regained momentum after a brutal winter and could signal a quicker end to the era of rock-bottom interest rates. The nation's total economic output, or gross domestic product,...